Survey says: Buy nearer to Trader Joe's than Whole Foods

Survey says: Buy nearer to Trader Joe's than Whole Foods

Several months ago we told you that houses that were near a Starbucks were far more likely to be worth more than those that weren't, according to a national survey of property records by RealtyTrac.

RealtyTrac is back with another analysis that looks at how proximity to a Whole Foods or Trader Joe's affects home values. Here's what they found:

Homeowners near a Trader Joe's have seen an average 40 percent increase in home value since they purchased, compared to 34 percent appreciation for homeowners near a Whole Foods (which is the same average appreciation for all ZIP codes nationwide).

Houses near a Trader Joe's also tend to have a higher value on average: $592,339, or 5 percent more than the $561,840 average value for homes near a Whole Foods. The average value across all ZIP codes nationwide was $262,068.

Homeowners near a Trader Joe's pay an average of $8,536 in property taxes each year, 59 percent more than the $5,382 average for homeowners near a Whole Foods. The average property tax across all ZIP codes nationwide was $3,239.

Former Famous Dave's CEO lost stock options

Last week, along with releasing a dismal quarterly earnings report, Famous Dave's criticized Rensi for making changes that upset customers.

Rensi, a onetime high-ranking McDonald's executive, resigned as Dave's CEO on June 18. Upon his resignation, 75,000 stock options granted in January 2015 were "forfeited," Famous Dave's said in a federal securities filing Friday.

Rensi had undertaken a major initiative to remodel the barbecue chain's restaurants and add items to the menu.

But Dave's, currently being run by interim CEO and board member Adam Wright, said in a statement that "the changes included smaller portions, different plateware and changes to iconic items such as cornbread muffins and other poor decisions."

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